https://www.taxtmi.com/caselaws?id=343796 The Tribunal ruled in favor of the assessee on various grounds, including directing the deletion of disallowances for warranty expenses, prior period expenses, and commission payments to non-residents. Additionally, the Tribunal allowed the carry forward of a long-term capital loss, deleted ALP adjustments for sales to Associated Enterprises (AEs) and royalty payments, emphasizing differences in market conditions and regulatory recognition of royalty rates. The appeals were partly allowed in favor of the assessee, providing significant relief. en-us Wed, 24 May 2017 00:00:00 +0530 Sat, 18 Nov 2017 18:36:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=343796 The Tribunal ruled in favor of the assessee on various grounds, including directing the deletion of disallowances for warranty expenses, prior period expenses, and commission payments to non-residents. Additionally, the Tribunal allowed the carry forward of a long-term capital loss, deleted ALP adjustments for sales to Associated Enterprises (AEs) and royalty payments, emphasizing differences in market conditions and regulatory recognition of royalty rates. The appeals were partly allowed in favor of the assessee, providing significant relief. Case-Laws Income Tax Wed, 24 May 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=343796